CSR Guidelines for the Financial Sector - page 58

45
Strategy
Focus Area
PolicyNecessary
However, whenwe inquired towhat extent employees were familiar with such policies, the
responses were:
- Is there a policy on how toworkwith suppliers?
- Is there a responsible business practice commitment made publicly?
To ascertain the importance of making responsible business commitments, we inquired about
whether financial institutions believe that a responsible business affects theirmarket reputation,
and 69% of the financial institutions said that responsible business highly affects theirmarket
reputation.
- Is there a policy on environmental resources usage? i.e. water consumption, energy saving?
- Is there a policy onwaste reduction or recycling?
It has been noted that in theMENA region, investment in environmental efficiency is relatively low
and perceived of nominal value. However, whenwe asked the financial institutions surveyed
whether they think their institutions would gain value by undertaking recycling activities, efficient
energy lighting, water consumption controls the answers were positively surprising:
Employee
Marketplace
Environment
Not familiar
Not very familiar
Familiar
Very familiar
0%
12%
46%
1Gain a lot
of value
19%
15%
12%
8%
2
3
4
5NO value
at all
38%
46%
1...,48,49,50,51,52,53,54,55,56,57 59,60,61,62,63,64,65,66,67,68,...87
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